since the recent decline broke

    Posted by himsa on 7th of Jan 2014 at 03:25 pm

    since the recent decline broke symmetry should we expect a lower high on the 60 min chart?

    We got a lower high

    Posted by steve on 7th of Jan 2014 at 03:25 pm

    We got a lower high at 1838 following the initial move down to 1828. 

    Yes. Just saw that lower

    Posted by himsa on 7th of Jan 2014 at 05:16 pm

    Yes. Just saw that lower high. Can be easily overlooked because it looked like part of the decline.

    You must be careful and

    Posted by steve on 7th of Jan 2014 at 05:32 pm

    You must be careful and closely examine the intraday charts and not make false assumptions since they can indeed be easily overlooked as you stated. 

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!